Toy Co. Wins Transfer Of Defective Slide Coverage Row

Law360, New York (June 10, 2011, 7:19 PM EDT) -- SLB Toys USA Inc. on Thursday won the transfer from Illinois to California federal court of Colony National Insurance Co.'s lawsuit demanding rescission of excess insurance policies covering SLB and other entities, some of which face claims over an allegedly defective pool slide.

U.S. District Judge Milton I. Shadur denied SLB's motion to dismiss the suit but granted its request to move the dispute to the Central District of California, according to a minute entry in the docket.

The insurer filed suit Feb. 17 requesting rescission...
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